Tag: News

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Bitcoin ETF Applicants Reveal Fees in Latest Filings Ahead of SEC’s Key Decision This Week

Source: Adobe Stock Multiple applicants for a spot Bitcoin exchange-traded fund (ETF) submitted their final Form S-1 amendments to the United States Securities and Exchange Commission (SEC) on Monday, setting the stage for a potentially historic week in the cryptocurrency market. Bitwise, Valkyrie, WisdomTree, BlackRock, VanEck, Invesco, Galaxy, Grayscale, ARK Invest, and 21Shares all filed…
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Latam Insights: Solana Expands to Brazil, Tether Seeks to Expand in Venezuela

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Solana announces its expansion to Brazil, Tether seeks to expand in Venezuela, and Bitcoin Argentina advises to receive bitcoins in the upcoming asset regularization process. Solana Announces Expansion to Brazil The…
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Bitcoin Price Prediction: SEC Alerts, ETF Optimism and a 6000% Growth Outlook

In the rapidly evolving world of cryptocurrency, Bitcoin continues to capture headlines and investor interest, trading at $43,548 with a slight decrease of nearly 1% as of Monday. Amidst this fluctuating landscape, the U.S. Securities and Exchange Commission (SEC) has issued a fresh warning about the growing ‘Fear of Missing Out’ (FOMO) in the crypto…
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‘Controversial’ Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution

On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin Core custodian and Blockstream staff member Andrew Chow terminated the Github dialogue, marking it as a “stalemate discussion.” Intense Dispute Over Bitcoin’s Data-Carrying Transactions Culminates in…
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Mysterious Million-Dollar Bitcoin Transfer Sparks Wave of ‘Dust’ to Satoshi’s Genesis Wallet

After the enigmatic transaction on Jan. 5, 2024, in which an unidentified bitcoin wallet transferred 26.917 bitcoin worth $1.19 million to Satoshi Nakamoto’s Genesis wallet, there has been a surge of about 34 dust transfers to the same address in the past 24 hours. A Slew of Micro Transactions Trails Million-Dollar Mystery Gift to Genesis…
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DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stiff GOP Competition

On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared to CNN’s Kaitlan Collins on Thursday, “I would eliminate the IRS, have a single rate, and…
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2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months

Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total deposited ether, with a massive addition of 1.7 million ethereum deposited since July 5, 2023. Liquid Staking…
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Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance

According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing a 4.10% uptick in sales this week. RBX Voucher Sale Leads…
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Ark Invest Continues to Sell Coinbase Shares

In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong performance in the last quarter of 2023. Ark Invest Sells Over $29 Million in Coinbase Shares Amid Portfolio…
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Bitcoin Price Prediction as Multiple ETF Approval Deadlines Approach – Instant Spike to $50,000 Incoming?

In the fast-paced and ever-evolving world of cryptocurrency, Bitcoin is making headlines with its current trading value at $43,940, marking nearly 0.50% increase on Saturday. The cryptocurrency community is abuzz with anticipation as multiple deadlines for US spot bitcoin ETF approvals draw near. This crucial period could signal a transformative moment for Bitcoin, with potential…
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